Schwab Reports Monthly Activity Highlights

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SCHW

SAN FRANCISCO--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report
today. Company highlights for the month of November 2015 include:

Net new assets brought to the company by new and existing clients in
November 2015 totaled $17.2 billion. November 2015 net new assets
included a $10.2 billion inflow related to a mutual fund clearing
services client.

Total client assets were $2.55 trillion as of month-end November, up
3% from November 2014 and up 1% compared to October 2015.

Average interest-earning assets on the company’s balance sheet were a
record $167.4 billion in November, up 18% from November 2014 and up 1%
compared to October 2015.

The Charles Schwab Corporation (NYSE:SCHW) is a leading provider of
financial services, with more than 325 offices and 9.7 million active
brokerage accounts, 1.5 million corporate retirement plan participants,
1.0 million banking accounts, and $2.55 trillion in client assets as of
November 30, 2015. Through its operating subsidiaries, the company
provides a full range of wealth management, securities brokerage,
banking, money management and financial advisory services to individual
investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC, http://www.sipc.org),
and affiliates offer a complete range of investment services and
products including an extensive selection of mutual funds; financial
planning and investment advice; retirement plan and equity compensation
plan services; referrals to independent fee-based investment advisors;
and custodial, operational and trading support for independent,
fee-based investment advisors through Schwab Advisor Services. Its
banking subsidiary, Charles Schwab Bank (member FDIC and an Equal
Housing Lender), provides banking and lending services and products.
More information is available at www.schwab.com
and www.aboutschwab.com.

The Charles Schwab Corporation Monthly Activity Report For
November 2015

2014

2015

Change

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Mo.

Yr.

Market Indices

(at month end)

Dow Jones Industrial Average

17,828

17,823

17,165

18,133

17,776

17,841

18,011

17,620

17,690

16,528

16,285

17,664

17,720

-

(1%)

Nasdaq Composite

4,792

4,736

4,635

4,964

4,901

4,941

5,070

4,987

5,128

4,777

4,620

5,054

5,109

1%

7%

Standard & Poor’s 500

2,068

2,059

1,995

2,105

2,068

2,086

2,107

2,063

2,104

1,972

1,920

2,079

2,080

-

1%

Client Assets

(in billions of dollars)

Beginning Client Assets

2,440.6

2,478.8

2,463.6

2,445.0

2,531.1

2,524.4

2,549.3

2,568.8

2,543.3

2,562.5

2,462.4

2,415.9

2,539.9

Net New Assets (1, 2)

10.9

14.4

9.3

6.8

12.6

9.1

10.1

17.8

9.8

9.2

11.8

10.5

17.2

64%

58%

Net Market Gains (Losses)

27.3

(29.6)

(27.9)

79.3

(19.3)

15.8

9.4

(43.3)

9.4

(109.3)

(58.3)

113.5

(3.8)

Total Client Assets (at month end)

2,478.8

2,463.6

2,445.0

2,531.1

2,524.4

2,549.3

2,568.8

2,543.3

2,562.5

2,462.4

2,415.9

2,539.9

2,553.3

1%

3%

Receiving Ongoing Advisory Services

(at month end)

Investor Services

183.3

182.5

181.5

187.8

188.4

191.0

192.8

191.4

193.3

187.2

184.9

193.3

194.5

1%

6%

Advisor Services (3)

1,049.0

1,045.6

1,038.4

1,065.8

1,063.4

1,071.9

1,079.3

1,066.7

1,079.0

1,039.5

1,019.9

1,072.4

1,075.6

-

3%

Client Accounts

(at month end, in thousands)

Active Brokerage Accounts

9,346

9,386

9,407

9,435

9,493

9,553

9,572

9,605

9,631

9,671

9,691

9,712

9,731

-

4%

Banking Accounts

979

985

978

983

986

992

1,000

1,004

1,011

1,021

1,027

1,029

1,033

-

6%

Corporate Retirement Plan Participants (2)

1,416

1,428

1,441

1,475

1,474

1,469

1,469

1,474

1,483

1,488

1,492

1,502

1,514

1%

7%

Client Activity

New Brokerage Accounts (in thousands)

70

97

84

80

110

111

80

89

87

87

80

88

76

(14%)

9%

Inbound Calls (in thousands)

1,656

1,980

1,872

1,827

1,930

1,954

1,621

1,763

1,788

1,807

1,631

1,716

1,554

(9%)

(6%)

Web Logins (in thousands)

31,528

34,580

34,294

35,379

36,278

35,966

32,112

31,644

33,498

34,167

29,550

33,574

30,488

(9%)

(3%)

Client Cash as a Percentage of Client Assets (4)

11.9%

12.3%

12.3%

11.9%

12.0%

11.5%

11.6%

11.7%

11.8%

12.6%

12.9%

12.3%

12.3%

-

40 bp

Mutual Fund and Exchange-Traded Fund

Net Buys (Sells)(5, 6)

(in millions of dollars)

Large Capitalization Stock

1,538

1,347

1,084

(1,154)

(586)

(1,496)

(1,410)

(804)

(702)

(664)

(608)

(214)

637

Small / Mid Capitalization Stock

91

(346)

488

(12)

290

423

(108)

78

149

(540)

(108)

17

(2)

International

794

177

1,630

3,463

4,650

3,613

2,718

2,255

947

(266)

(560)

72

427

Specialized

503

566

1,452

748

(47)

(5)

25

8

410

(390)

(643)

667

744

Hybrid

(363)

(687)

180

138

(284)

(210)

(238)

(133)

(152)

(1,144)

(726)

(110)

(410)

Taxable Bond

577

(1,914)

1,298

2,722

924

1,075

1,757

421

(111)

(634)

(91)

628

(1,250)

Tax-Free Bond

479

603

598

471

613

13

(101)

(132)

156

111

35

494

260

Net Buy (Sell) Activity

(in millions of dollars)

Mutual Funds (5)

254

(4,381)

3,174

3,086

1,765

420

813

(725)

(1,101)

(4,712)

(4,336)

(910)

(3,602)

Exchange-Traded Funds (6)

3,365

4,127

3,556

3,290

3,795

2,993

1,830

2,418

1,798

1,185

1,635

2,464

4,008

Money Market Funds

(1,643)

4,294

(2,080)

(2,158)

(1,362)

(6,970)

421

(358)

2,208

4,730

(717)

(451)

251

Average Interest-Earning Assets (7)

(in millions of dollars)

141,884

144,695

147,495

148,911

152,247

152,697

153,466

155,369

158,238

160,638

162,639

165,351

167,388

1%

18%

(1)

November 2015 includes an inflow of $10.2 billion from a mutual
fund clearing services client. September 2015 includes an inflow
of $4.9 billion from a mutual fund clearing services client. June
2015 includes an inflow of $8.1 billion from a mutual fund
clearing services client. April 2015 includes inflows of $9.3
billion from certain mutual fund clearing service clients.
February 2015 includes an outflow of $11.6 billion relating to the
Company's planned resignation from an Advisor Services cash
management relationship.

(2)

In February 2015, the Company increased its reported totals for
overall client assets and retirement plan participants by $6.1
billion and 35,000, respectively, to reflect the final impact of
the consolidation of its retirement plan recordkeeping platforms
as previously announced in September 2013.